Senior Market Risk Analyst, Global Foreign Exchange

Work Location

Toronto, Ontario, Canada

37.5

Risk Management

69,700 - 98,400 CAD

TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience  compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs.

As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

Market Risk (MR) is responsible for managing the ever-changing and dynamic world of trading and non-trading market risk, counter party credit, margin management and liquidity risk. Within MR, we are accountable for supporting TD Securities and TBSM business objectives in accordance with TD's risk appetite and regulatory expectations. MR provides independent oversight of enterprise-wide market, counter party credit and liquidity risks; ensuring all significant risks are appropriately measured, reported, analyzed and transparent.

We are seeking an experienced and highly skilled Senior Market Risk Analyst to join our dynamic Market Risk Management team. The successful candidate will play a pivotal role in assessing, analyzing, and managing market risks across various asset classes. This individual will provide critical insights to senior management, helping shape strategic decisions and ensuring the firm is well-positioned to manage market volatility and financial risks effectively.

As a Senior Market Risk Analyst within the Global Foreign Exchange team, you'll be part of a group that is responsible for providing market risk oversight and reporting across risk sensitivities, VaR, and Stress for the GFX businesses (covering FX Options and Short term interest rate trading); ensuring that these risks are understood, appropriately measured, and that the business operates within risk appetite.

In addition, the team executes infrastructure changes with regards to the implementation of new or revised risk policies, regulatory requirements, system updates, ad-hoc measurements used by the Bank to monitor market risk holistically. The Market Risk team is a global business supporting trading activities in Toronto, New York, Calgary, Singapore, London, and Dublin.

• Identify and assess risks related to market movements, including interest rates, FX Spot, FX vols, and other related factors.
• Keep abreast of emerging issues, trends, and evolving regulatory requirements and assess potential impacts.
• Conduct stress testing and scenario analyses to evaluate potential impact on the company's portfolio.
• Actively manage relationships within and across various business lines, corporate and/or control functions and ensure alignment with enterprise.
• Proactively analyze potential risks and ensure key risks are aggregated / escalated to appropriate areas.
• Support established enterprise-wide risk escalation, review and approval processes, policies and risk assessment processes.
• Support the Senior Managers / Managers of the Market Risk team in fulfilling the group's mandate.

• Develop, produce and maintain comprehensive market risk reports, ensuring data accuracy and relevance.
• Provide in-depth analysis and commentary on risk exposures and market trends to senior management.
• Understand system and model changes, its results, and impacts, to our risk and valuation results and processes.
• Validate daily market risk, VaR, Stressed VaR and Backtesting exposures are captured, aggregated, and reported with completeness and accuracy in accordance with existing market risk policies.
• Compare day over day Risk metrics & VaR results against existing risk metrics. Also, perform analysis to provide periodic commentary for various Risk Management audiences.
• Continuously reinforce business knowledge such as trading strategies and analytical principles underlying the pricing and risk management of financial derivatives.
• Create new tools to enhance existing daily production experiences using Python and/or other programming languages.

• Work closely with trading, portfolio management, and finance teams to identify and mitigate market risks within portfolios and trading strategies.
• Advise business units on potential market risks and assist in the development of risk mitigation strategies.

• Ensure all market risk practices and procedures comply with relevant regulatory requirements and internal policies.
• Stay updated on industry regulations and evolving risk management standards.

• Stay current on market…